Stable Revenue GrowthConsistent revenue growth indicates strong demand for Nittobest's products and effective market penetration, supporting long-term business sustainability.

Sound Balance SheetA sound balance sheet with moderate leverage enhances financial stability, providing flexibility for strategic investments and growth opportunities.

Product InnovationOngoing innovation through R&D strengthens Nittobest's competitive edge, enabling it to meet evolving customer needs and capture new market segments.

Bears Say

Profitability ChallengesDeclining net profit margins indicate challenges in cost management and pricing power, potentially affecting long-term profitability and shareholder returns.

Negative Free Cash FlowNegative free cash flow poses risks to liquidity and limits the ability to invest in growth initiatives, potentially impacting future business expansion.

Low Operational EfficiencyLow operational efficiency can hinder profitability and competitiveness, necessitating improvements in cost control and operational processes for better margins.

2877 FAQ

What was Nittobest Corporation’s price range in the past 12 months?

Nittobest Corporation lowest stock price was ¥702.00 and its highest was ¥790.00 in the past 12 months.

What is Nittobest Corporation’s market cap?

Nittobest Corporation’s market cap is ¥9.05B.

When is Nittobest Corporation’s upcoming earnings report date?

Nittobest Corporation’s upcoming earnings report date is May 08, 2026 which is in 79 days.

How were Nittobest Corporation’s earnings last quarter?

Nittobest Corporation released its earnings results on Feb 13, 2026. The company reported ¥16.5 earnings per share for the quarter, beating the consensus estimate of N/A by ¥16.5.

Is Nittobest Corporation overvalued?

According to Wall Street analysts Nittobest Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Nittobest Corporation pay dividends?

Nittobest Corporation pays a Annually dividend of ¥12 which represents an annual dividend yield of 1.63%. See more information on Nittobest Corporation dividends here

What is Nittobest Corporation’s EPS estimate?

Nittobest Corporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Nittobest Corporation have?

Nittobest Corporation has 12,102,660 shares outstanding.

What happened to Nittobest Corporation’s price movement after its last earnings report?

Nittobest Corporation reported an EPS of ¥16.5 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.268%.

Which hedge fund is a major shareholder of Nittobest Corporation?

Currently, no hedge funds are holding shares in JP:2877

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Nittobest Corporation

Nittobest Corporation (2877) is a leading manufacturer specializing in the production of high-performance industrial tapes and adhesive products. Operating primarily in the materials sector, the company focuses on providing innovative solutions for various applications, including automotive, electronics, and construction. Nittobest offers a diverse range of products such as adhesive tapes, protective films, and specialty materials designed to meet the evolving needs of its global customer base.